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News

FOX buys $125m stake in IndyCar

Deadline on MSN · 3d
Fox Acquires One-Third Stake In Penske Entertainment, Owner Of Indycar Series
Fox has purchased a one-third interest in Penske Entertainment inclusive of Indycar and the iconic Indianapolis Motor Speedway.
USA TODAY · 2d
Bringing 'entertainment' to Penske Entertainment: How Fox's new minority stake pushes IndyCar forward
With a new 33% stake in Penske Entertainment, Fox can help take IndyCar to heights Roger Penske was unable to.
The Wall Street Journal on MSN · 3d
Fox Takes Stake in IndyCar Owner Penske Entertainment
Fox Corp. has acquired one-third of Penske Entertainment, owner of auto racing’s IndyCar Series and Indianapolis Motor Speedway, the companies said Thursday. Terms of the deal weren’t disclosed, but people familiar with the transaction valued Fox’s investment at between $125 million and $135 million.
RACER
2d
IndyCar team owners delighted by Fox purchase of ownership share
The news of Fox Corporation’s purchase of a 33-percent stake in Penske Entertainment was warmly received in all corners of ...
2d
Want To Invest In IndyCar Racing? There's A Stock For That
Penske is selling a one-third stake of IndyCar and the iconic Indianapolis Motor Speedway. Here's the media company investors ...

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